Stock Analysis

Why did YES Securities raise target on Samvardhana Motherson with 'Buy'?

The brokerage attributes Samvardhana's recent stock outperformance to a resilient H1FY26, marked by stable booked business and limited impact from US tariffs, with pass-through discussions underway

JM Financial starts coverage on KPR Mill with 'Buy'; check target price

JM Financial has set a target price of ₹1,215 per share, implying an upside potential of 21 per cent

JSW Steel JV with JFE to unlock value, help deleveraging, say analysts

Emkay Global Financial Services values BPSL at ₹53,000 crore or 11.8x on FY27E, with EV/Ebitda, well above its prior internal estimate of ₹40,500 crore

Is Bank of Maharashtra a good PSU bank stock to buy? YES Securities answers

YES Securities said that a detailed analysis of top eight public sector banks (PSBs) reveal that Bank of Maharashtra has the "healthiest" financial metrics.

Nuvama upgrades Shoppers Stop to 'Buy'; says recent correction offers entry

The brokerage believes the recent correction in Shoppers' Stop stock price offers a margin of safety, while the "Shoppers Stop 2.0" is beginning to show tangible results

Emkay starts 'Buy' on Arvind SmartSpaces; sees cash flow, pre-sales growth

Emkay projects a 34 per cent pre-sales CAGR for Arvind SmartSpaces over FY25-28E, reaching ₹3,100 crore

Diesel relief, LPG boost: Motilal Oswal pegs 31% upside for HPCL stock

Despite the near-term volatility, HPCL's valuations remain reasonable, the brokerage noted. The stock trades at 1.4x one-year forward price-to-book, slightly above its long-term average of 1.2x.

Gold loans, fee income to power Capri Global; JM Financial starts coverage

JM Financial said the non-bank lender's diversified retail-focused franchise, strong asset quality and expanding non-interest income engine position it well for sustained growth.

US portfolio, margin expansion to drive gains for pharma major Lupin

Complex generics and better mix fuel recovery cycle

Nuvama says 'Buy' again on Coromandel Int'l; 3 drivers behind the call

Analysts at Nuvama expect Coromandel to clock ~15 per cent revenue compound annual growth rate (CAGR) over the next five years, with profitability improving as integration benefits materialise.

Motilal Oswal flags NTPC Coal-to-Gas boost, but cautions on execution

According to MOFSL, the proposed 5-10 mt/annum coal-to-SNG plant marks a strategic pivot that may improve PLFs, boost energy security, and potentially create new revenue streams.

GAIL outlook brightens as tariff hike, volume revival boost FY27 prospects

PNGRB, in its 27 November order, raised GAIL's integrated pipeline tariff by roughly 12 per cent to ₹65.7 per mmbtu, effective 1 January 2026.

HDFC Secs trims target on Dalmia Bharat; keeps 'Buy' on long-term growth

The brokerage remains positive on Dalmia Bharat's long-term growth prospects, backed by volume expansion, margin improvement and a disciplined balance sheet

Choice initiates Smartworks with 'Buy'; cites favourable leasing economics

Smartworks' long-term agreements with landlords (around 15 years) and enterprise clients (around four years) reinforce revenue stability, supported by a 2.0x revenue-to-rent ratio.

Volume pick-up key to more gains for innerwear major Page Industries

Page Industries' shares have declined over 30 per cent from their 52-week high as muted demand, slow volume recovery and trimmed earnings estimates weigh on sentiment

Axis Securities starts coverage on Elecon Engg with 'Buy'; check target

Elecon has built a strong global presence through subsidiaries in Europe and the United States, strengthened further by the Benzlers-Radicon acquisition

Why is JM Financial upbeat on Belrise Industries? Starts coverage with Buy

JM Financial has set a target price of ₹215 for Belrise Industries stock, valuing it at 25x FY28E P/E

Motilal Oswal ups Piramal Finance target, retains 'Buy' on retail-led surge

The brokerage believes Piramal is entering a phase where scale benefits, lower operating costs and a sharper credit framework will drive meaningful expansion in return ratios.

HDFC Securities starts coverage on Eureka Forbes with 'Buy'; check target

HDFC Securities expects Eureka Forbes to deliver strong growth over FY25-28, with revenue, Ebitda, and profit rising at a CAGR of 14 per cent, 23 per cent, and 27 per cent, respectively

New Tata Sierra seen powering PV push, but brokerages split on stock

In their assessment, Nomura analysts said the Sierra's modern, feature-rich positioning and aggressive pricing strategy could meaningfully lift Tata Motors' volume trajectory in FY26-28.